According to Digitimes, Lenovo is busy working on a 12in netbook
which should go under the name of IdeaPad S20 and it should feature the
"new off roadmap" Intel Atom N280 processor and GN40 chipset.
Little else is known about the IdeaPad S20, but as Lenovo isn't
following Intel's guidelines for netbooks, it looks like this 12in
machine might have the potential of getting some additional features
that you wouldn't normally find in a netbook.
Digitimes is suggesting that the IdeaPad S20 should retail for about
€460 (£414/$586) which seems quite reasonable considering that the same
article states that Lenovo would have to pay extra for the CPUs just
because they're not adhering to the Intel guidelines.
More
here